Lovely Lakeside BTL Opportunity! Lakeside, Tamworth.

Hey guys, just another quick one today, I’ve spotted a good BTL investment property in Lakeside, Tamworth advertised by Bairstow Eves on Mouseprice.com. The owners are asking for offers in the region of £155,000, however you might be able to push them down a little bit as other similar properties in the area sell for slightly less. This one is fitted to a decent specification and looks to need minimal work doing to it. It looks pretty much ready to rent, fantastic!

The house is ideal for families or commuters, as it has good transport connections to the A5 as well as good bus routes, a local primary school and two large high schools, one in Amington, the other just a stones throw away in Belgrave. I don’t think you would struggle achieving a rent of around  £675 pcm  and assuming the property was bought for the full asking price,  this would equate to a decent annual yield of 5.23% and like I said, the property looks ready to go from day one!

Just a little something for you to consider over the weekend, I hope you all liked the little blog, be sure to comment and let me know!

If you would like to discuss your own property requirements whether a tenant or landlord, feel free to contact me, Lorraine on 07531484956 or email me at lorraine@hallandthompson.co.uk you don’t need to be one of our existing clients to have a chat. Lets talk property!

To view this fantastic property in full, please click the following link:

Good news for Tamworth landlords, not so good for getting on the property ladder.

It has been announced this week in the news that more than half of the under 40 population will be renting homes from private landlords in the UK in 10 years’ time.

It has also suggested that house prices will rise at an average of 5% a year, pricing the typical family home at £360,000 by 2020, with industry figures showing that as a first time buyer you will need a deposit of 18% to secure a mortgage. Using PwC data, that would equate to a requirement for £64,800 in savings to get on the property ladder in 2020. A big ask for young people in an ever expensing society.

 

As for Ownership, for young adults, it would become more acute owing to a lack of supply in affordable housing, the PwC report has suggested. The number of homes owned outright would rise from 8.4 million now to 10.6 million by 2025. Overall, it predicted that the proportion of residents who owned the home they lived in would drop from its peak of 70% in the middle of the last decade to about 60% in 2025. This meaning that around 7.2 million households would be private tenants in 10 years’ time, which is good news for landlords.

The recently-published English housing survey found that, in 2013-14, some 48% of households made up of 25 to 34-year-olds rented their home from a private landlord. This had risen from 45% a year earlier, and from 21% in 2003-04. Over the same 10 years, owner occupation in this age group dropped from 59% to 36%. In 2013-14, of the 22.6 million households in England, 7.4 million owned their property outright, and 6.9 million had a mortgage, with the rest in rented houses.

So come on you investors, this is a great time to increase your portfollio. For those thinking of becoming a landlord, be sure to do your due diligence, ask me, ask others, be smart!

If you would like to discuss your own property requirements whether a tenant or landlord, feel free to contact me, Lorraine on 07531484956 or email me at lorraine@hallandthompson.co.uk you don’t need to be one of our existing clients to have a chat, so why not see what we can do for you today?

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk

Our “Property of The Week!” Exceptional In Elford – Elford, Tamworth

The weather may have cooled down slightly this week but our “Property of The Week” is certainly a hot property!  Our weekly “Property of the Week” homes are not recommendations for buy to let investments or are they any other commercial benefit, they are simply to showcase the best of what Tamworth area has to offer, be it a converted flat, modern apartment or house.

Located in Elford, a sleepy village just outside Tamworth, this property brings a taste of old with it’s strong Victorian exterior features; but the property also manages to carry on being relevant and fashionable with it’s high end, modern interior.

This awesome property is currently on the market for £949,000, having been put on the market just last month for £949,950, Estate agents at Downes & Daughters of Whittington are currently marketing the property and it is being advertised online at Mouseprice.com.

So what does that price tag get you? Well, a large four bedroom Victorian residence with a large modern interior which is light and airy, aided by the large folding windows and skylights in the main living area, which is all open plan and very spacious. A fantastic feature of this property has to be the exterior however, with sweeping formal lawns, a rear stable yard, two good sized stables and extensive paddocking, this house is definitely one for those who do or would like to keep horses. The property even comes with garages for cars or hobbying, so you don’t need to be AP McCoy to enjoy this one but it certainly might help!
I hope you all enjoyed this property as much as I did writing about it, but what do you think? Be sure to comment and let me know!

If you would like to contact me about your own property requirements, whether you are a landlord, tenant or looking for that all important information on buying to let and would like experienced, friendly advice I’d love to hear from you, you can give me a ring on 07531484956 or alternatively email me at lorraine@hallandthompson.co.uk!

To view this fantastic property in full please click the following link!

Tamworth Road, Tamworth – Buy To Let Opportunity @ 5.3 % yield

Driving home from my regular girls night out I came across this 2 bed terraced property, so here’s a quickie BTL deal before bed time.
Being advertised on Rightmove by our friends Goodchilds the guide price is £130,00. It’s only a two minute walk to the local Two Gates Community Primary School and Ofsted have given the school a 2 rating.
2 bed Terraced property in 2 Bedroom House...
 
Based on the asking price and the fact that the property doesn’t look in bad condition, the rent you can expect will be £575.00 per calendar month to give you a 5.30% yield. Capital gain here is pretty good too,to give you an idea the last sale of this house was back in 2007 for £95,000  and that’s before the third bedroom was converted into a bathroom, making this property a 2 bed home.
 
If this property doesn’t float your boat then look a few doors down at a similar 2 bed property which is being marketed £10,000 less?? quite a big difference in price.
 
Call me for a chat on 07531484956 or drop me an email Lorraine@hallandthompson.co.uk, I don’t bite and I love to talk property.

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk
 

 

 
 
 

 

Pennine Way, Tamworth – Redrow new builds are certainly under way!

While out and about today, I took a drive down Pennine Way to see how Redrow are getting on with the new builds. There are now two fully completed houses, so if you are in the vicinity and fancy having a peek…

There are 3 and 4 bedroom houses to be built with a starting range of £224,995 for 3 bedded and £284,995 for the four bedded property, you will find them advertised on Zoopla.

These modern new builds offer a stylish en-suite to the master bedroom which ensures all family members have ample space during the morning rush. There is additional space in the 3 bed house, having a laundry room and downstairs cloakroom. As for the 4 bedroomed houses, these are to include a master en-suite, built in wardrobes in two of the bedrooms, a utility and a garage. Great for today’s modern family.

Both of these houses have an open plan kitchen/ dining room, leading to the garden making gathering together as a family as simple as can be.

These properties are all bathed in light from large windows in every room, which makes the rooms feel even more spacious. A must see for a family wanting the most modern of homes.

To read more; http://bit.ly/1HHdw14

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk

 

 

“Property of The Week!” Big Thrills On New Mill Lane, Fazeley – Tamworth

Hey guys, after that fantastic flat on Friday, I’ve got another smashing property in Fazeley to show you all, this weeks “Property of The Week!” is certainly not one to miss! Our property of the week articles aim to show you the best, brightest and most luxurious properties our area has to offer and this one certainly hits all the high notes!

The property is a four bedroomed beauty, the exterior is a lovely cream colour with blue facings giving the house a fantastic Mediterranean feel(especially with the veranda to the rear!) The house is being advertised online at Zoopla by London based estate agents Tepilo for a somewhat (for what you get!) modest price of £475,000.

So moving from the beautiful blue exterior and through the front door, the interior is a lovely blend of neutral colours and light wood which looks lavishly rustic but with a touch of modern chic, the rooms are all very well proportioned, with four very good sized bedrooms, one which has an en suite, a massive kitchen fit for the finest cooks, a large bathroom and a wide open garden, ideal for a children’s play area or just for the grown ups to catch some sun in!

I can’t imagine this property will be sticking around for long, so if you’re fortunate enough, be sure to get that bid in quickly! I hope you all enjoyed this house and article, be sure to let me know what you think by dropping me a comment!

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk

 

If you would like to see this property in full please visit the following link:
http://bit.ly/1I6J2mf

Fabulous Fazeley Flat, Great Potential For Rental! – Fazeley, Tamworth

Hey guys, just a quick little share with you today, I’ve found a fantastic two bedroomed flat located in Fazeley whilst out and about today and I knew it was something I’d have to share with you all! The property is being advertised by our friends at Dixons Estate Agents on Zoopla for just £112,000!

The charming maisonette is an ideal home for younger people, ideal as a smashing lads pad or a calm and serene place for the girls to rest their heads!

This property last sold in January 2011 for just £83,500, that’s a whopping £28,500 in just four and a half years, that can’t be bad in anybodies books! I’d estimate monthly rental on this property to be about £525 per calendar month, similar properties in the same road have achieved this in the last 12 months, which equates to an annual yield of 5.63%

The property would need some minor work doing on it, in the form of fitting storage space in the bedrooms as this isn’t provided in the properties current state, but the price of this would be very negligible, the property does look to be in marvellous condition, not even the walls need painting and the flat comes with a great kitchen and bathroom.

This is definitely one worth “the gamble” but I can only see it being a winner for you as well as making you and your tenants very happy!

I hope you enjoyed this article and I’d love to hear your feedback about what you may think, please leave a comment below!

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk

 

To view the property in more detail please click the following link:
http://bit.ly/1TxSmYC

Our “Property of The Week!” Brings Us A Beautiful New Build This Week! – Comberford Rd, Tamworth

Welcome back guys – I’ve got a fantastic share for you all this week, located on the very exclusive Comberford Road of Tamworth this property is a new build that shows what smashing things are coming to our area, that’s why it’s our “Property of The Week!” These houses look to be some of the best the area will have to offer!

Advertised by our friends at John German on onthemarket.com this beautiful, modern four bedroom detached house will set you back £590,000 but it’s worth every penny. The exterior is charming yet strikingly handsome with a bright, modern interior that matches. The kitchen is marvellous, it’s fitted to a very high specification with perhaps the finest appliances available. The large family bathroom also follows suit with the modern, high end touch.

The four bedrooms are bright and airy, the master and second bedrooms having a well proportioned en suites with a digital showers and all four having good storage space. There is an option for a fifth bedroom, however it isn’t as big as the other rooms and would be more suited to being an office space.

I’m not one for new builds but these houses are looking absolutely fantastic and something that really shows Tamworth properties are up and coming, with some fantastic new houses being build in the area lately!

So why don’t you have a look and see if it grabs your fancy? Let me know what you think and drop me a comment, I look forward to hearing from you!

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk
To view this fabulous property in full, please visit the following link:
http://bit.ly/1eWQnxD

Great Terrace To Give You That Friday Feeling! – Belgrave, Tamworth

Hey guys, just a quick little share with you today! I’ve come across a fantastic little end terrace house in Belgrave on Zoopla being advertised by our friends at Mark Webster. The property has recently been reduced from £99,950 to £94,950 although you might be able to put a cheeky lower offer in still as the property was listed in February!

The house from the exterior looks to be in good condition, however the agents have only provided one picture and have advised that the interior may need improvements so I would advise (as always!) that you check this property out with a visit! I’d put a monthly rental income of around £450 on this house, putting the annual yield at 5.69%

 

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk

If you would like to see the property in full, please visit the following link:
http://bit.ly/1ft9Cji

“Property of The Week!” The Spectacular Summer House – Drayton Bassett, Tamworth (B78)

Welcome back everyone, What a week we’ve had! From the hottest day of the year to the biggest thunderstorm I’ve ever heard, who knows what this week will bring….

One thing for certain is that I’ve got a grand house in Drayton Bassett to share with you as our “Property of The Week.” It is probably one of the best I’ve seen and surprisingly it’s been listed since January 2014! This fantastic five bedroomed property is advertised by our friends at Howkins & Hawkins of Atherstone for offers of £815,000.

This fantastic property is jam packed with features such as a fabulous carp pond, detached garages and amazingly a full sized tennis court, all of this is set over a whopping 2.5 acres and the property backs onto the pristine Drayton Bassett golf course. Interior features are a massive brick fireplace, a large modern bathroom and a whopper of a conservatory.

So whether it’s strawberries and cream on the tennis courts, champagne on the golf course or sitting in the conservatory getting some sun, this house is the ideal summer property for those who have the time to relax in this beautiful summer!

I hope you enjoyed our “Property of The Week” Be sure to leave me a comment and let me know!

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk

If you would like to view this property in more detail, please click the following link      http://bit.ly/1LNTOnn